Post
Topic
Board Speculation
Re: Hugo drop while i am asleep! This is BS
by
Sugetsu
on 05/01/2017, 14:51:32 UTC
I don't call it recovery when the price keeps jumping up and down $20 to $30 every few minutes. It could well "recover" like it did at 5am this morning and then nose dive again. I am looking at the volume in bitstamp right now and it is crazy, it is over 30k right now. My guess is the day progresses and more people wake up to find this dump they might just sell which will trigger a new dump.

But my question is, how do you prepare for 27% drop swing during the early hours of the morning, when you are sleeping? And why you think this happens at this time? Is it because China is specially active at thosr hours?